Stifel analyst Ruben Roy raised the firm’s price target on Plexus (PLXS) to $200 from $150 and keeps a Hold rating on the shares. Management now guides FY26 revenue to “meet or exceed” the high end of their 9% to 12% revenue growth goal for FY26, notes the analyst, who believes the risk/reward is balanced at the current valuation.
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Read More on PLXS:
- Plexus Earnings Call Highlights Strong Growth Pipeline
- Plexus: Strong Fiscal 2026 Start and Upgraded Outlook Support Raised Buy Rating and $206 Price Target
- Plexus reports Q1 adjusted EPS $1.78, consensus $1.73
- Plexus sees Q2 EPS $1.80-$1.95, consensus $1.76
- Plexus price target raised to $195 from $165 at Benchmark